You Won’t Believe What Pi Network’s Token Did – It’s Not What You Think!

by

So, Pi Network’s token decided to go on a little joyride, rocketing into the top 20 digital assets after a more than 72% surge in less than 48 hours. Sure, why not? It’s just a normal day in crypto land. Oh, and this all happened right before a “major” ecosystem announcement that’s supposed to be the next big thing—scheduled for May 14. How convenient!

Pi Network’s Big “Ecosystem Announcement” — Are We All Supposed to Care?

On May 12, Pi Network, which I guess is still a thing, saw its token make a surprising leap into the top 20 digital assets by market cap, after skyrocketing over 50% in just 24 hours. But wait, there’s more! By the time I was writing this (May 12, 2:00 a.m. EST), the token had gained a whopping 72% in less than 48 hours. It’s the best-performing digital asset in the top 20 for the last seven days. Who knew?

The rally? Well, it comes just days before Pi Network drops this “game-changing” May 14 announcement. You know, the one that has absolutely no details right now? The suspense is palpable… or not. But hey, the token’s rise suggests people are really holding onto hope that this will somehow mean big things for Pi Network’s future. I mean, it could happen. It’s crypto, right?

Before that May 8 post, Pi Network decided to introduce a couple of new features. Now, users can activate their wallets without having to deal with migration. This, they say, will let millions more engage with the Pi Mainnet. Because, you know, millions of users are just waiting for this, apparently. According to Pi Network, these changes are going to somehow supercharge the Pi ecosystem. Sure, let’s go with that.

But wait, there’s more! There’s also this rumor floating around that Binance might finally decide to list Pi. Yeah, Pi’s not on Binance yet, because of some “issues” around how Pi tokens are distributed. But hey, who needs Binance when you’re already in the top 20, right? It’s only been a few years of flatlining. Speaking of which, the token had its heyday in February, hitting $2.93. Then it bottomed out to under $0.50 in April. But now, after a little nap, it’s suddenly worth $1.43. It’s like the comeback story nobody saw coming.

At the time I checked, Pi’s market cap was just over $9 billion, and it’s up 118% over the last seven days. So, if you got in early, congratulations! You’ve just experienced the most dramatic crypto rollercoaster ride. Try not to get whiplash!

Read More

2025-05-12 12:00